Sample Report on Sustainable Facilities Management By Instant Essay Writing

1. A Sample Report On Sustainable Facilities Management Toll Free No: +1 213-929-5632 E-mail: help@instantessaywriting.com Get best Communication Essay WritingService by the expert writers of Instant Essay Writing, we provide best writing services to students.

2. Table of Contents INTRODUCTION .......................................................................................................................... 1 ASSESSMENT TASK 2: ACCOR ................................................................................................. 1 1. Expenditure on renovation and maintenance .......................................................................... 1 2. Implications of a new strategy and issues in context of space planning ................................. 4 3. Adequacy of technological platforms ..................................................................................... 6 4. Environmental management of Accor .................................................................................... 7 CONCLUSION ............................................................................................................................... 8 REFERENCES ............................................................................................................................... 9 Toll Free No: +1 213-929-5632 E-mail: help@instantessaywriting.com Get best Communication Essay WritingService by the expert writers of Instant Essay Writing, we provide best writing services to students.

3. INTRODUCTION The hospitality industry has emerged as the fastest growing sector during last decade. It is the industry that offers variety of services to its clients. Accor is one of the leading hotel groups across the globe and comprises of around 3600 hotels. It has created its presence in around 92 countries and achieved high growth in recent past. The report proposed herewith helps in analyzing the case for Accor and provides deep understanding of financial analysis for the business unit. The report tends to create a platform for supporting future business strategies for the organization on logical and reliable grounds. It is through the report that readers are able to understand adoption of financial techniques for formulation and implementation of effective business strategies. ASSESSMENT TASK 2: ACCOR 1. Expenditure on renovation and maintenance The organization needs to plan its investment and expenditure in an appropriate manner. It is essential for the business unit to generate sufficient amount of return on investment made so as to evaluate efficiency of future investments (Greenwood, 2002). It is through analysis of financial expenditure and expected cash flow in future that efficiency of investment can be judged. The amount extracted through financial statements and net present value of expected future cash flow is described underneath in detail. Table 1: Expenditure and initial investment (Amount in €' millions) Expenditure on developments Renovation and maintenance Developments Total expenditure/Initial investment 2013 265 194 459 Table 2: Cash generated/used in last two years (Amount in €' millions) 2012 2013 Toll Free No: +1 213-929-5632 E-mail: help@instantessaywriting.com Get best Communication Essay WritingService by the expert writers of Instant Essay Writing, we provide best writing services to students.

4. Cash flow from operating activities Cash flow from/(used) in investing activities Cash flow from/(used) in financing activities Net cash generated/used during the year 126 -75 440 491 524 -125 -309 90 Table 3: Net present value (Amount in €' millions) Expected cash flow 248.00 252.96 258.02 263.18 268.44 273.81 Total present value less Initial investment Net present value PV factor @8% 0.93 0.93 0.86 0.79 0.74 0.68 Present value 2013 2014 2015 2016 2017 2018 234.22 221.21 208.92 197.31 186.35 1048.02 459.00 589.02 As per the amounts presented in annual reports, the business unit is incurring expenditure of € 265 millions on renovation and maintenance and € 194 millions on developments. The amount spent by business unit helps in expanding operations and is necessary for growth and development of the organization. The cash flow from operating, investing and financing activities of last two years is estimated to ascertain net cash generated within an organization during the year. In order to estimate net present value the expected cash flow for 2013 is taken into consideration. It is stated in annual report that record of € 248 million as an operating free cash flow before acquisition and disposals is maintained. It is expected that the organization is going to increase cash flow from operations by 2% on annual basis. Therefore, the cash expected cash flow for next five years is estimated by growing basic anticipated cash flow by 2% on yearly basis. In order to ascertain net present value of the project into consideration the future cash flows are discounted at cost of capital that is 8%. Toll Free No: +1 213-929-5632 E-mail: help@instantessaywriting.com Get best Communication Essay WritingService by the expert writers of Instant Essay Writing, we provide best writing services to students.

5. As per the net present value estimated it is seen that the business unit is generating cash flow whose present value is € 589 million. It can be said that Accor is able to generate positive cash flow during the period (Peterson and Fabozzi, 2004). The business unit by incurring expenses of € 459 million at initial level is able to generate sufficient cash flow in future. It can be said that the organization is capable of generating adequate amount of cash flow in future. The business unit is able to generate positive cash flow and is able to earn adequate amount of return on the investment made. Sample Report on Sustainable Facilities Management For Complete Essay Writing Kindly Mail us at: help@instantessaywriting.com The business strategy to plan renovations, maintenance and development of business unit is considered to be efficient. The organization is generating sufficient inflow of cash through investment in development and expansion strategies. Therefore, it can be said that the organization's strategy to expand its operations is proficient for growth and development (Stomierowski and Lorette, 2011). As per the capital budgeting technique the business unit should plan its expansion strategy by making adequate amount of investments. Toll Free No: +1 213-929-5632 E-mail: help@instantessaywriting.com Get best Communication Essay WritingService by the expert writers of Instant Essay Writing, we provide best writing services to students.

6. The benchmarking is considered as a tool for achieving targets set for the financial year. It is necessary for the organization to divide its long-term goals into short-term targets to be achieved during the year (Younes and Forster, 2006). This in turn helps in conducting business operations with efficiency and achieving long-term goals of the organization. 2. Implications of a new strategy and issues in context of space planning It is seen that the organization has developed strategy to be implemented for the purpose of growth and expansion. The hotel unit tends to focus on increasing profits through fee-driven activities. Moreover, the investor oriented approach is focused on through possessions held by the organization and shown in balance sheet. Accor has planned that the expansion activities will be carried by way of leases. Moreover, the business unit has planned that owned hotel will not be disposed till they are categorized under non-performing assets. The business unit emphasizes on building up of organization in geographical region that has lower operating or running costs. In order to attract large number of consumers; the business unit is planning to implement digital value chain and distribution. Moreover, the organization emphasizes on strengthening its leadership so as to increase market share in target markets. The organization also tends to adopt novel strategies for motivating business employees. The strategies planned on part of Accor tend to have various implications for the organization as mentioned underneath. The business unit is able to plan its strategies and implement them in order to achieve long term efficiency. The organization is able to concentrate on activities that are profitable for the business venture (Wagen and Goonetilleke, 2007). The business unit is going to achieve high level of efficiency by discontinuing operations that tend to be generating no profit or returns. It is clear through fact that the organization is planning to sell all non-performing assets. This in turn helps in providing financial support to business unit for investment in expansion activities. Toll Free No: +1 213-929-5632 E-mail: help@instantessaywriting.com Get best Communication Essay WritingService by the expert writers of Instant Essay Writing, we provide best writing services to students.

7. Through adoption of technological means for distribution purpose the organization is able to satisfy demand of large number of consumers. It is with increasing level of motivation among employees that their participation in organization activities increases. Sample Report on Sustainable Facilities Management For Complete Essay Writing Kindly Mail us at: help@instantessaywriting.com It can be said that the business strategies formulated are beneficial for the organization in long run. The business unit is going to achieve efficiency and its profitability is going to increase through implementation of new strategies. Accor is offering luxurious accommodation to its clients and therefore needs to effectively plan its space management. It is seen that the organization is facing following issues with planning of its hotel design and space. All facilities at one place: The hotel unit needs to plan and design its hotel space in a manner that the customers tend to avail all services at one place. It is seen that the hotel unit needs to satisfy diverse range of needs through offering all services and facilities at one place. Toll Free No: +1 213-929-5632 E-mail: help@instantessaywriting.com Get best Communication Essay WritingService by the expert writers of Instant Essay Writing, we provide best writing services to students.

8. Luxurious accommodation with proper space: The origination needs to plan luxurious accommodation within lower space (Clarke and Chen, 2012). This in turn helps in accommodating more number of consumers and also provides them satisfactory services. Space acquisition at lower cost: The organization needs to ensure that space to build more number of branches and expanding operations should be acquired at reasonable prices. This in turn leads to lower level of investment and sufficient return on the same. The hotel unit should consider various alternatives before selecting the best option to open up its new branch (Bharwani and Butt, 2012). However, the organization to planning to acquire facilities on leasing basis which makes it essential to consider the amount of lease involved. 3. Adequacy of technological platforms In modern era, technological developments have reached to the booming level. It is essential or every organization to implement new technologies within its business operations. Accor as one of the leading hotel units need to create technological platforms for the purpose of conducting operations with high efficiency (Buhalis and Crotts, 2013). The organization has already planned ways to implement digital system for distribution purpose. The business unit can create platform for maintain database of the business unit. It is through creation of internal network and support system that helps in proper dissemination of information (Jayawardena and et al., 2013.). Moreover, technological developments also help in creation of new business offerings specifically for high-tech consumers. These services include 24-hour wifi connection to enable internet availability in their devices. It can be said that the technological developments prove to be beneficial for the organization only when they are implemented in a proper manner. In course of expanding business operations, the business unit can use novel ways to plan designing of interiors. Moreover, through fast search engines the organization can select best regions to expand its operations. Toll Free No: +1 213-929-5632 E-mail: help@instantessaywriting.com Get best Communication Essay WritingService by the expert writers of Instant Essay Writing, we provide best writing services to students.

9. 4. Environmental management of Accor The accord needs to ensure that the business activities are conducted within an environmental framework. It should be taken care that external or internal environment is not impacted by business operations and its future strategies (Gorman, 2007). An in-depth evaluation of environment management of Accor in context of various business strategies are described underneath in detail. Sample Report on Sustainable Facilities Management For Complete Essay Writing Kindly Mail us at: help@instantessaywriting.com Procurement: The procurement procedure adopted by Accor is said to be highly significant and unique in nature. The business unit emphasizes on sustainable and standardized method for procurement of resources required in managing business operations. The procurement is approved only if they are supplied from suppliers who have signed the contract (Langdon, 2002.). It can be said that procurement policy adopted by the organization is for sustainable growth of organization and economy at whole. Toll Free No: +1 213-929-5632 E-mail: help@instantessaywriting.com Get best Communication Essay WritingService by the expert writers of Instant Essay Writing, we provide best writing services to students.

10. Energy management: It is seen that the origination is adopting strategies to reduce carbon emission and energy usage. The hotel unit understands need of environmental protection therefore emphasizes on reduction by 10% in carbon emission and energy consumption in all of the hotels managed. Transportation: In order to protect environment the business unit promotes transportation means such as cycles. Moreover, the organization is developing pedestrian and cycle paths to various transpiration locations. Moreover, bicycle parking area is created so as to promote usage of bicycles. It can be said that transportation methods promoted by the hotel unit are environmental friendly in nature (Harrison, 2003). Water: It is seen that water is scarce resources and needs to beutilized properly so as to have sustainable development. Moreover, more than 80% of hotels are located in regions with high level of water stress. The business unit is planning proper and optimum utilization of water resources so as to support environment protection initiatives of government. Waste management: The hotel units strive to recycle all kind of waste material for the purpose of environmental protection. The organization is able to recycle 64% of its waste material in 2011 which reached to 79% in 2012. The organization has set objective to 85% of waste material for the purpose of recycling. It can be said that the business unit is able to effectively recycle its waste material and thereby support environmental protection. CONCLUSION The report proposed herewith emphasizes on analyzing case for Accor, one of the leading hotel group. It is seen that the organization has planned effective strategies for success of business unit in long run. As per, financial analysis it can be said that the business unit is incurring sufficient amount of expenses for development purpose. The organization is expected to generate sufficient cash flow in future. It is also seen that Accor is abided by all environmental laws and conducts its operations according to the same. Toll Free No: +1 213-929-5632 E-mail: help@instantessaywriting.com Get best Communication Essay WritingService by the expert writers of Instant Essay Writing, we provide best writing services to students.

11. References Books and Journals Bharwani, S. and Butt, N. 2012. Challenges for the global hospitality industry: an HR perspective. Worldwide Hospitality and Tourism Themes. 4(2), 150-162. Buhalis, D and Crotts, J., 2013. Global Alliances in Tourism and Hospitality Management. Routledge. Clarke, A. and Chen, W., 2012. International Hospitality Management. Routledge Gorman, D. K., 2007. The hospitality phenomenon: philosophical enlightenment?. International Journal of Culture. Tourism and Hospitality Research. 1(3). pp.189 – 202. Harrison, J. S. 2003. Strategic analysis for the hospitality industry. Cornell Hotel and Restaurant Administration Quarterly. 44(2), 139-152. Jayawardena, C. and et al., 2013. Trends in the international hotel industry. Worldwide Hospitality and Tourism Themes. 5 (2). pp.151 – 165. Peterson, P.P. and Fabozzi, J.F., 2004. Capital Budgeting: Theory and Practice. John Wiley & Sons. Robert P. Greenwood, 2002. Handbook Of financial planning and control.Gower Publishing, Ltd. Stomierowski, P. and Lorette, K.. 2011. How to Open & Operate a Financially Successful Personal Financial Planning Business. Atlantic Publishing Company Wagen, D. V. L. and Goonetilleke, A., 2007. Hospitality Management: Strategy and Operations. 2nd ed. Pearson Education Australia. Younes, E., and Forster, B. 2006. Middle East hotel markets—Outlook, trends and opportunities and hotel valuation index. Journal of Retail and Leisure Property. 5(4), 326-337. Online Langdon, D., 2002. Cost model: Hotel refurbishment. [Online]. Available through: < http://www.building.co.uk/cost-model-hotel-refurbishment/1019180.article>. [Accessed on 6th January 2015]. Toll Free No: +1 213-929-5632 E-mail: help@instantessaywriting.com Get best Communication Essay WritingService by the expert writers of Instant Essay Writing, we provide best writing services to students.

12. Sample Report on Sustainable Facilities Management For Complete Essay Writing Kindly Mail us at: help@instantessaywriting.com Toll Free No: +1 213-929-5632 E-mail: help@instantessaywriting.com Get best Communication Essay WritingService by the expert writers of Instant Essay Writing, we provide best writing services to students.